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Colonie, NY
Full City Profile · New York · Albany County County
3.7
/5.0
B+
Good
7,705
Population
2,378/sq mi density
$100,396
Median Income
$45,612 per capita
$270,800
Home Value
$312,118 Zillow
$1,494
Median Rent
22.7% income on rent
49°F
Avg Temperature
246 sunny days/yr
813
Violent Crime/100K
3,943 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$100,396 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$270,800 home value, $1,494/mo rent
F
Safety
1.0 / 5.0
813 violent crimes/100K (114% above avg)
B+
Education
3.8 / 5.0
35.4% bachelor's degree or higher
Housing Overview
Median Home Value
$270,800
4% below
US avg: $281,900
Median Rent
$1,494/mo
28% above
US avg: $1,163/mo
Homeownership Rate
79.4%
21% above US avg (65.4%)
Total Housing Units
3,121
Median year built: 1965
Home Value by Source
Census Median
$270,800
Zillow (ZHVI)
$312,118
Median Sale Price
$405,000
Median List Price
$340,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.4%
Owner-Occupied
20.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$1,494/mo
Market Indicators (Redfin)
Median Days on Market
6 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$235
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
79.4%
Complete Housing Data
Home Values
| Census Median Value | $270,800 |
| Zillow Home Value (ZHVI) | $312,118 |
| Median Sale Price | $405,000 |
| Median List Price | $340,000 |
| Price Per Sq Ft | $235 |
Rent
| Census Median Rent | $1,494 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 6 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 66.7% |
| Homes Sold | 5 |
| Active Inventory | 3 |
| Price Per Sq Ft | $235 |
Ownership & Stock
| Owner-Occupied | 79.4% |
| Renter-Occupied | 20.6% |
| Homeownership Rate | 79.4% |
| Total Housing Units | 3,121 |
| Median Year Built | 1965 |
| Rent Burden | 22.7% |